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No one needs: the price of Equanimity will reduce by almost half after the failure of the auction

Posted on December 18, 20182min read

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The auction for the sale of 91.5 metre Oceanco superyacht Equanimity so does not end.

Initially the government of Malaysia wanted to raise the ship from $250 million, but now, when wanting to buy a yacht for its estimated value is not found, Equanimity will try to sell at least $130 million, reports Bloomberg.

The vessel is owned by a Malaysian financier Joe Lowe (But Low). The businessman is suspected of embezzling $4.5 billion from the national Fund 1Malaysia Development Berhad (1MDB) and laundering these funds through the purchase of luxury goods in different countries, including the United States. The scandal also was involved Goldman Sachs Group Inc. and former Prime Minister of Malaysia Najib Razak (Najib Razak). Sealed bid for Equanimity, which is also was bought with stolen money, began on 29 October and lasted until November 28.

Malaysian authorities hope that they will be able to get rid of Equanimity by the end of March 2019.

By the end of the auction, the taxpayers have had to pay $835 thousand for the maintenance of the boat, and, according to Bloomberg, on a monthly basis this amount will increase by $718 thousand

Equanimity is registered on the Cayman Islands. It was first presented at the boat show in Monaco in 2014, and in the same year became the largest yacht of the exhibition.

The world’s first private superyacht, created in accordance with the requirements for commercial vessels Passenger Yacht Code. Standard PYC allows you to take on Board at the same time up to 36 passengers. The interiors of the yachts created by Andrew Winch (Andrew Winch) and highlight the Asian origins of its owner: among the materials — bamboo and gold leaf.

afteralmostequanimityfailureneedspricereduce
No one needs: the price of Equanimity will reduce by almost half after the failure of the auction

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Grand Hotel Europe is preparing for the main holiday night of the year
No one needs: the price of Equanimity will reduce by almost half after the failure of the auction

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